Baku – APA-Economics. Global oil prices sank on Wednesday as investors weighed news of increases in US petroleum stocks and kept a wary eye on the Ukraine crisis, Business Standard reported.
A barrel of West Texas Intermediate for April delivery, the US benchmark futures contract, finished at $101.45, down $1.88 from Tuesday's close.
In London trade, Brent North Sea crude for delivery in April sank $1.54 to $107.76 a barrel.